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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Pi Network News: Crypto Expert Predicts an Explosive Pi Coin Rally – In This Event 

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Pi Network Mainnet Migration

The post Pi Network News: Crypto Expert Predicts an Explosive Pi Coin Rally – In This Event  appeared first on Coinpedia Fintech News

With the Pi network coin price has been consolidating between $0.53 to $9.69 over the last 3 weeks, struggling to break above $0.82, even with Bitcoin’s bullish run hitting $95k. However, this might change soon. Well-known crypto expert Dr. Altcoin predicts that Pi Coin’s rally could begin during the highly anticipated Consensus Summit starting from 14 May 2025.

Pi Price Rally To Come At Consensus Summit

In his latest X post, Dr Altcoin said he feels pretty confident that the Pi price pump could actually begin during the highly anticipated Consensus Summit, which is happening from May 14 to May 16, 2025

This global blockchain event brings together the biggest names in crypto, offering Pi a perfect stage to shine. He believes that even small positive news like new partnerships, major updates, or ecosystem growth announced during this event could create a rush of excitement.

Thus, if Pi Network gets the right attention, it could lead to a major price rally even before August.

Pi Unlocking to Easy After August

Although, this comes as a surprise for many because earlier expectations were tied to the end of August, a time when a large amount of Pi coins would finish unlocking, creating less selling pressure.

According to the Piscan, the beginning of August will see the release of Pi tokens drop by almost half. In August, only $132.5 million worth of Pi tokens will be released. September will see $115.2 million, October $89.5 million, and November $85.9 million.

Pi Coin Price Outlook

As of now, Pi Network coin is trading at $0.63, reflecting a drop of 1.3% seen in the last 24 hours. The coin has been consolidating recently, trading between resistance at $0.68 and support at $0.61. 

If the price breaks above $0.68, it could mark the beginning of a fresh rally. The next resistance levels to watch would be $0.789 and $0.85. 

If the upward momentum continues, Pi Coin could aim for $1.03, its first time above $1 since last month.

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